Tourism > Luxury

How Brooklyn Became New York's Real Estate Hot Spot

1 month ago   |   By Elite Traveler

The real estate market in Brooklyn is hotter than ever, with one four-bed condo in luxury waterfront development Quay Tower recently going under contract for over $10.5m , the highest price secured for a Brooklyn condo this year.
Quay Towers takes the title from a five-bed unit at 2 Northside Pier, which sold for $8.3m only last month, and it is the highest Brooklyn sales since the $20m Quay Towers penthouse that smashed records last year.
Despite this year only being three-quarters through, there have already been almost 400 property sales in Brooklyn of over $3m in 2021.
This year marks...
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